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HSBC’s Hang Seng Bank Posts Surge in HK Property Impairments

Hang Seng Bank Ltd., a Hong Kong lender controlled by HSBC Holdings Plc, recorded a surge in credit impairment on commercial real estate as the city’s economic struggles are starting to spill over on local lenders.

Asian Banking & Finance on MSN · 2d

Hang Seng Bank profits up 3% to HK$18.38b in 2024

Earnings per share is HK$9.33; whilst total dividend is HK$6.8. Hang Seng Bank saw its profit attributable to shareholders rise by 3% year-on-year (YoY) to HK$18.38b for the whole year of 2024, its latest financial results showed.

Zacks.com on MSN · 1d

What Makes Hang Seng Bank (HSNGY) a New Buy Stock

Hang Seng Bank Ltd. (HSNGY) could be a solid addition to your portfolio given its recent upgrade to a Zacks Rank #2 (Buy). This upgrade primarily reflects an upward trend in earnings estimates, which is one of the most powerful forces impacting stock prices.

MarketWatch · 2d

Hang Seng Bank Posts Mixed Full-Year Results, Names New Chairman

In a statement after the market closed, Hang Seng Bank said its chairwoman, Irene Lee, will retire after being on the board for around 11 years.

Reuters · 2d

Hong Kong's Hang Seng Bank names new chairman

Hong Kong-based Hang Seng Bank said on Wednesday Edward Cheng, chief of Wing Tai Properties, will succeed Irene Lee as the chairman of the board.

22h

Beijing allows Hong Kong banks to issue credit cards on mainland from March 1

The new rules will benefit lenders such as HSBC, Standard Chartered, Bank of East Asia and Hang Seng Bank, analysts say.

Hang Seng Bank (HSNGF) was upgraded to a Hold Rating at Goldman Sachs

Hang Seng Bank (HSNGF – Research Report) received a Hold rating and price target from Goldman Sachs analyst Gurpreet Singh today. The ...

Hang Seng Index Drops as Trump’s Latest Tariff Threat Rattle Markets

Hang Seng drops as Trump’s tariff threats shake markets. Nikkei falls on yen strength, while ASX 200 slides on weak banking ...

manilatimes2d

Hang Seng Bank Delivers Strong Business Performance with Sustained Growth Momentum

HONG KONG, Feb. 19, 2025 /PRNewswire/ -- Hang Seng Bank today is pleased to report its strong full-year financial results for ...

Morningstar1d

Hang Seng Bank Ltd 00011

We sell different types of products and services to both investment professionals and individual investors. These products and services are usually sold through license agreements or subscriptions ...

Asian Banking & Finance on MSN3d

Hang Seng enhances dementia-friendly services in branches

Each of its branches now has a trained dementia-friendly ambassador. Hang Seng Bank has enhanced its dementia-friendly ...

Analysts Offer Insights on Financial Companies: Victory Capital Holdings (VCTR), Hang Seng Bank (OtherHSNGF) and Sixth Street Specialty Lending (TSLX)

Analysts have been eager to weigh in on the Financial sector with new ratings on Victory Capital Holdings (VCTR – Research Report), Hang Seng ...

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